All the reasons why US stocks are defying gravity – Interview with Lior Cohen

FXStreet Team FXStreet

Coronavirus warnings, elevated valuations and an inverted yield curve have not deterred investors. What is behind the rally? Lior Cohen, Ph.D. Candidate in Economics at the University of Barcelona, and Yohay Elam, dive into over five reasons for the rally and why it can go even further.

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FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Japanese Yen gains ground as traders await Fed rate decision

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Gold turned negative by the end of Wednesday and trades in the $4,260 price zone. The US Federal Reserve left rates unchanged, but delivered a hawkish message, even though Chair Kevin Warsh refused to provide forward guidance.

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Federal Reserve set to hold interest rates in Warsh's debut as chair

The United States Federal Reserve announces its interest rate decision on Wednesday, another pivotal meeting for markets to gauge the stance of policymakers and new Chair Kevin Warsh as energy prices retreat after the United States and Iran reached a framework deal to reopen the Strait of Hormuz.

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